In the past 20 years, New York City and its co-op/condo community has survived three major historical events: the attacks of 9/11, the Great Recession, and the COVID-19 pandemic - all while being led by two mayors from different ends of the…
Co-op shareholders, board members, and their support professionals are breathing a collective sigh of relief this week as the New York State legislature passed a bill exempting co-ops from certain provisions of the Housing Stability and Ten…
A broad real estate coalition today applauded the measures President Biden has taken to stabilize the housing sector and urged the administration to sunset the federal moratorium on evictions on June 30, 2021. In a joint letter to Presiden…
“It looks like a photo from a magazine!” is the exclamation many a manager, broker, potential buyer and board president have made upon stepping into an otherwise generic lobby and seeing a new, eye-popping floral arrangement brightening up …
This week, New York State Assemblymember Linda B. Rosenthal (D/WF-Manhattan) and State Senator Brian Kavanagh (D-Manhattan and Brooklyn) announce the passage of their Mitchell-Lama reform bill ( A.7272/S.6412 ) in both the New York State …
In a statement released on Thursday, June 10, Service Employees International Union SEIU 32BJ President Kyle Bragg lauded the passage of S6350A/A7434 - a landmark piece of legislation the union had long championed on behalf of workers in tr…
Term limits are often a hot issue at all levels of government. Does capping the tenure of an elected official clear the way for new ideas and re-energize governance, or does it cut off expertise and knowledge that can really only be acquire…
On May 16, 2021, the Centers for Disease Control and Prevention (CDC) issued updates to its mask-wearing guidelines, advising fully vaccinated Americans that they no longer need to wear masks or maintain social distance either indoors or ou…
According to a press release from Building Service Workers Union 32BJ SEIU, doormen, concierges, and porters, along with representatives of the union and elected officials - including State Senator Brian Benjamin and Assembly Members Harvey…
The 2021 legislative session of the New York State Legislature has presented an unprecedented number of proposed bills seeking to reform the way housing cooperatives operate. Many of these bills are ill-conceived in our view, and will serv…